Joby Aviation (NYSE:JOBY – Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Joby Aviation (NYSE:JOBY – Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.02. The firm had revenue of $1.03 million during the quarter, compared to analyst estimates of $1.50 million. During the same period last year, the business posted ($0.14) earnings per share. On average, analysts expect Joby Aviation to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Joby Aviation Price Performance
Shares of Joby Aviation stock opened at $5.38 on Monday. Joby Aviation has a 12 month low of $4.06 and a 12 month high of $11.98. The business has a fifty day simple moving average of $5.12 and a 200 day simple moving average of $5.72.
Insider Activity
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. raised Joby Aviation from an “underweight” rating to a “neutral” rating and set a $5.00 price objective for the company in a research note on Friday. One research analyst has rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $7.67.
Read Our Latest Stock Report on JOBY
About Joby Aviation
Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.
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